Funds

Vault International Bitcoin Fund

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Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2024 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

About this fund

In their own words

The fund is designed to provide investors with exposure to Bitcoin within a PIE compliant fund. This is achieved by investing in one or more listed offshore domiciled funds which invest directly in Bitcoin. This is a highly speculative investment. Bitcoin is a highly volatile asset which means this fund will not be appropriate for all investors.

Value $13.4M NZD
Period of data report 30th June 2024
Fund started 14th Sept. 2021
Total annual fund fees 1.68%
Total performance based fees 0.0%
Manager's basic fee 1.39%
Other management and administration charges 0.28%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Vincent Gardiner

Currently: Director and Chief Executive Officer (3 years, 4 months)
Previously: Property Investor/Business Owner (17 years, 9 months)

Matthew Mcphee

Currently: Chief Financial Officer & Chief Operating Officer (3 years, 2 months)
Previously: Head of Capital and Liquidity Management - Asia, Barclays Bank PLC, Singapore (9 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2024 14.61% 152.2%
2023 -4.85% -33.22%

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

Top 10 Investments

  • Fidelity Wise Origin Bitcoin Fund
    United States Other
    84.69%
  • Franklin Bitcoin ETF
    United States Other
    9.48%
  • Bitwise Bitcoin ETF
    United States Other
    4.76%
  • Ci Galaxy Bitcoin Cad Unhedged ETF
    Canada Other
    0.73%
  • Vaneck Bitcoin Trust ETF
    United States Other
    0.19%
  • Cash At Bank (BNZ)
    New Zealand Cash and Equivalents AA-
    0.15%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.15%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 100.0% 99.84%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.